Accounting Services

KALRUPCO has the knowledge and experience necessary to help your business with any accounting issue.

We undertake complete back office operation for companies who prefer to concentrate in their core activity only. If you wish to concentrate in your core area of expertise and wish to outsource your back office, we could add value to your business.

Internal Audit Services

We provide internal audit services to corporate clients on an on going basis.

We conduct periodic internal audits to clients who want to check the efficiency and effectiveness of their internal controls.

If you are looking for a professional outfit to assess your exposure level to various types of risks, we could meet your requirements.

Audit and Assurance Services

Our audit approach is tailored to suit the size of your company and the nature of the business. We will use our extensive knowledge in different industries in planning our approach. The understanding of our senior partners in government regulations, legal and tax laws etc. will immensely benefit the clients.

We undertake non financial performance reporting for selected entities.

Forensic Audit and Special Investigations

KALRUPCO has the experience in handling many landmark forensic audits in Sri Lanka involving several corporate customers. If you suspect any irregularities or suspected frauds in your organization, particularly involving the senior management, you will require an independent investigation carried out by a professional forensic auditor before you lodge a complaint to the authorities. We have the experience and knowledge in handling such assignments to carry out such investigations in to the relevant areas and provide a report as required by the law enforcement authorities to further investigate and proceed with legal action against those involved.

Due Diligence and legal Compliance Audits for Mergers and Acquisition transactions by:

Carrying out legal and financial Due Diligences and carrying out project feasibility studies.

Participating in negotiations with different parties with regard to matters involving merger and acquisition transactions.

Carrying out share and business valuations and computation of purchase considerations for such transactions.

Providing consultancy services on capital restructuring of companies, arrangement of Financial facilities

Carrying out Labor compliance audits on outsourced contractors with regard to adherence to wages Board Ordinance, Shops and Office Act and other related legislation by the labor contracting companies.

Income Tax Advisory Services

We believe in advising our clients to make maximum use in income tax concessions given by law. Such savings could be possible only if your consultants are conversant in latest tax legislations.

We monitor the new developments in income tax legislations with our clients in mind and brainstorm with the key decision makers as to the best ways in using such legislations to their tax advantage.

We have been instrumental in saving millions to such clients who planned their investments based on our advice.

If you have plans to make a new investment, consult our tax experts before it’s too late, so that you could maximise your after tax return.

Company Secretarial Services

We could advise the best type of company you should form to suit your requirements.

If your requirement is to set up a company with the approval of the Board of Investments, we could arrange to get the necessary approvals and set it up for you.

We have the approval from the Registrar of Companies to act as company secretaries for any type of company and could handle the entire secretarial function of your company.

New companies act requires all the existing limited liability companies to re-register under the new act on or before 7th May 2008 (Within one year from it’s coming in to operation). If this is not complied with the Registrar of Companies will strike the name of from his register after 6 months from this date and any assets owned by such a company will be vested in the government. We could undertake re-registration of your company and relieve you from all such burdens.

If your dream is to run a corporate style board room we could provide the expertise for that. We undertake complete outsourcing of the company secretarial function ranging from attending to board meetings, handling the required type of notices, maintaining board minutes, maintaining statutory registers etc. and all related activities.

System Designing and Evaluation

We could develop control systems to suit your business so that you could delegate authorities to your sub ordinates.

We have the experience and expertise to evaluate your existing systems and report on their weaknesses along with recommendations to improve them..

Recommendation and Installation of Accounting Software

We assess your requirements and recommend suitable accounting software depending on your industry, type and scale of business and the budget. We have in house implementation consultants for most of the ready made packages such as Peachtree & Quick books accounting packages

We act as the local distributor and sole agent for a UK based accounting software solution.

Business Process Re Engineering

If your business is not yielding the expected return or you are loosing your market share to your competitors, it could be due to various reasons. We could undertake to review your business processes along with your own staff, document them, brainstorm and critically evaluate such processes with a view of redesigning them to eliminate “non value adding” activities from the processes.

In our experience, those not adapting to changes in environment will get eliminated from the market. Therefore, BPR is an important tool of survival in the current environment where drastic changes take place in their surroundings.

Review of Costing Systems

We have seen businesses crashing due to inaccurate pricing of their products caused by inaccurate cost allocations.

If you notice that your asset base is diminishing despite increase in sales volumes, you should check your costing system, particularly when you have a wide range of products.

Our consultants are well experienced in reviewing your costing system and making recommendations to improve your profitability.